Real estate blog entries tagged with real estate by Arrow Realty Group

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Home : Blogs : Marguerite Cashman : Marguerite Cashman's Blog : Tag "real estate"

real estate: There is nothing short about a short sale except the selling price! - 01/22/08 12:44 PM

Ignorance is cured by the acquisition of knowledge. Having said that let me share with you the TOP 10 things I have learned about Short Sales.
1. They take a long time to complete, typically 4 months. It is extremely frustrating to ALL who embark on a short sale transaction.
2. The mortgage lien holder rarely returns your calls, even though you are trying to keep the deal moving forward.
3. It will test your patience and phone endurance. It is not unusual to be kept on hold for 27 minutes.
4. Quoted by a lawyer who does a lot of short sales, "only 4 … (0 comments)

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Marguerite Cashman

Fall River, MA

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